An EIN (Employer Identification Number) is a unique 9-digit number assigned to every legal organization in the United States. Also known as an FEIN or Federal Tax ID.

At Ludus, not only do we care about being compliant with the IRS as a company, but we also care about our customers being compliant with the IRS. If your program processes 200 ticket orders (transactions) and $20,000+ in credit sales, the IRS requires us to send your organization a 1099-K. A 1099-K is basically the IRS's way of keeping track of where the money is flowing. All it really shows is how much money you received in checks from us, which you should already have accounted for. This won't affect your taxes or force you to pay more!

Another reason we ask for an EIN is for verification purposes to fight against credit card fraud.

Lastly, it's important that KYC regulations as part of the Patriot Act are followed.



Since we're a business ourselves with an EIN, we understand EINs should only be provided when necessary and then stored on file in a secure place. So, that's exactly what we do. To summarize: you provide us your EIN, we securely store this, and when it's needed, write your EIN on your 1099-Ks.



Absolutely! Examples include any company that processes money on your behalf and then sends you that money. Such as Stripe, WePay, PayPal, Shopify, GoFundMe, etc.



No, an EIN (Employer Identification Number), is different than a Tax Exempt Number. The EIN is a unique 9-digit number assigned to every legal organization in the United States. Also known as an FEIN or Federal Tax ID. A Tax Exempt number "generally refers to a number assigned by a state agency that identifies organizations as exempt from state sales and use taxes".